2020 was a record year for initial public offerings (IPOs), with 480 companies going public on U.S. stock exchanges, and more stocks doubling in their first day of trading than ever before. 2021 is on track to be another huge year for IPOs, and some innovative companies making public market debuts could go on to deliver tremendous returns. With that in mind, we asked three Motley Fool contributors to profile a recent or upcoming IPO stock that looks primed to be a big winner.
Netflix shares touched an all-time high on Wednesday after the company delivered another impressive earnings report. Despite record subscriber growth in 2020, which was aided by the coronavirus pandemic, Netflix bears continue to roar about the onslaught of competition the streamer is facing. Streaming clearly reached a tipping point last year and the coronavirus pandemic has only accelerated the transition from linear TV to streaming TV that co-CEO Reed Hastings predicted several years ago.
In this Motley Fool Live video recorded on Nov. 16, 2020, Bill Mann, director of small cap research for The Motley Fool, talks with Palihapitiya about what he looks for when evaluating companies. Bill Mann: I was going to ask a bi-directional question because you are getting at something in terms of that analysis and what the value of the lead investor should be for you.